by a registered medical practitioner we will reimburse up to $2,500 including GST (in total) per life assured , subject to the following conditions: The consultation and/or counselling must be paid for within 12 months following AIA paying the Life Cover Benefit, the Specified Terminal Conditions Benefit or Terminal Illness Benefit claim; and AIA must be provided with a receipt for the consultation and/or counselling being claimed. The $2,500 is payable once per life assured per policy. This is in addition to the sum assured.
The premium type shown in the schedule for the Life Cover Benefit is Rate for Age;
you notify AIA within three months of one of the above
listed suspension events occurring and provide evidence to AIA of the suspension event; and
AIA acknowledges in writing receipt of that notification.
Cover for the life assured will be suspended from the date set out in AIA ’s written acknowledgement. No premium will be payable during the period that the cover is suspended. No claim under this benefit appendix will be payable for any claim event that occurs during the period that the cover is suspended. A claim may only be payable if the life assured first meets the criteria for an eligible claim under this policy after their cover is reinstated. Cover under this benefit appendix may be reinstated at the end of the suspension period in accordance with this Section without the need to provide further medical evidence, provided that the benefit has been suspended for no longer than 12 months.
11. Premium Conversion Facility
You may at any time:
Convert all or part of your Life Cover Benefit from the premium type shown in the schedule to a Level premium structure; or Convert a Level premium structure to an alternate Level premium structure, of which term duration may be the same or less than the current Level premium structure. AIA will not require you or the life assured to produce further medical evidence at the time of conversion. You will be issued a new policy for the sum assured amount of Life Cover Benefit being converted, in which case: The Life Cover Benefit under this policy will be reduced by the sum assured amount converted. The new policy will be issued based on the information provided at the time of conversion, together with the information provided in the original proposal. The terms and conditions of the new policy will be those which are then offered by us to the general public.
At the end of the suspension period, the benefit will be automatically reinstated for the life assured .
Cover for the life assured will be reinstated from the date set out in AIA’s written acknowledgement. The premium payable for the reinstated benefit will be based on AIA’s premium rates at the time of the reinstatement.
13. Optional Life Future Insurability Benefit
The Optional Life Future Insurability Benefit applies only if shown in the schedule . Where an Optional Life Future Insurability Benefit is selected, the original Life Cover Benefit may be increased without the need to provide further medical evidence, subject to the following conditions: The Life Cover Benefit may be increased by up to 20% of the original Life Cover Benefit or $100,000, whichever is the greater, every three years on the anniversary date . The total maximum Optional Life Future Insurability amount that can be added is the lower of twice the original Life Cover Benefit or $1,000,000. AIA will notify you of your entitlement to exercise the Optional Life Future Insurability Benefit before each third anniversary date . You can accept the offer by providing written notice to AIA any time before 60 days after the applicable anniversary date . The Optional Life Future Insurability Benefit expires on the 60th birthday of the applicable life assured . If a Special Events Increase has occurred in the last 12 months, no Optional Life Future Insurability increase can occur. Any Optional Life Future Insurability Benefit not exercised may not be carried forward to any future time.
Premiums will be calculated on the current age of the life assured .
Any special terms, exclusions or premium loadings that applied to your existing Life Cover Benefit under this policy will apply to your new Life Cover Benefit under the new policy.
12. Suspension of Cover Benefit
A life assured can suspend their cover under this benefit appendix for up to 12 months if they:
go on parental leave;
go on leave without pay for any reason;
become unemployed or redundant;
experience at least a 20% reduction in pay (comparing the most recent payslip against a previous payslip from the same year); or
if self-employed, experience a 30% reduction in revenue (by comparing one month’s revenue against the same month for the previous year),
provided that:
1101 AL-LIFE version 6 Effective 12 May 2026
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